Home Loan in Delhi-NCR

home loan in Delhi-NCR, Check Eligibility

Get a Home Loan at Lowest Rate

Interest Rate starting from 8.35% p.a.| Loan of up to Rs. 15 Crore | Tenure of up to 30 years*.

A Home Loan is a type of loan that is used to finance the purchase of a House or Property. It is a long-term loan with a fixed or adjustable interest rate, and borrowers are required to make monthly payments until the loan is fully paid off.

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 Eligibility for Apply Home Loan 

Eligibility for a Home Loan is determined by several factors, including the borrower’s Income, Credit score, and Debt-to-Income Ratio. Lenders also take into consideration the value of the property being purchased and the borrower’s ability to make a down payment.

Eligibility Criteria and Documentation required

Anyone can apply for Home Loan as long as they meet the criteria mentioned below.

Eligibility criteria 

Nationality : You must be an Indian citizen residing in India.

Age : A salaried applicant must be between 22 years to 65**years, and self-employed must be between 23 year to 75** years.

*The upper age limit is consider as the age at the time of loan maturity.

CIBIL Score : A CIBIL score of 725 or higher is ideal to get a Home Loan.

Occupation : Salaried employee, a professional individual, and self-employed individual.

Note : This is an indicative list that may changed based on the actual loan application.

Documentation required:

. KYC documents (identity and address proof)

.Proof of income (salary slip or P&L statement).

. Proof of business (for self-employed applicants),and 

.Account statements for the last 6 months

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Home Loan EMI Calculator

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Frequently Ask Question

  • How do I choose the right Home Loan?
    Choosing the right Home Loan involves considering factors such as interest rates, loan terms, fees, and your financial situation. It's important to shop around, compare offers from different lenders, and consider seeking advice from mortgage professionals to find the loan that best fits your needs.
  • What is the difference between fixed-rate and adjustable-rate Mortgages?
    A fixed-rate Mortgage has an Interest rate that remains constant throughout the Loan term, providing stability and predictable monthly payments. On the other hand, an Adjustable-Rate Mortgage (ARM) has an interest rate that can fluctuate periodically, usually tied to an index. ARMs may offer lower initial rates but can change over time.
  • How long does it take to get approved for a Home Loan?
    The time it takes to get approved for a Home Loan can vary depending on several factors such as the lender's processes, the complexity of your financial situation, and the thoroughness of your application. On average, it can take anywhere from a few weeks to a couple of months.
  • How to apply low rate Home Loan ?
    If you're struggling to find a low rate Home Loan, consider reaching out to a financial advisor or mortgage broker for assistance. Another option is to consider using a service like Finvest Fortune help to you secure a low rate Home Loan. Finvest Fortune works with a variety of lenders to find you the best rates and terms possible, and they can guide you through the entire process from start to finish.
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